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Neiman Marcus Turns to More Discounting as Losses Widen

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Although unsuccessful execution of promotional activities hurt Neiman Marcus Group Ltd.’s third quarter, the retailer is looking at 2019 as an investment year, including how it uses data to target personalized promotions to get closer to what its luxury consumers want. In a Nutshell: Neiman Marcus chief executive officer Geoffroy van Raemdonck, said on a conference call…

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